605 College St Carbondale, IL 62901

This exceptional investment opportunity presents a 15,402 square foot multifamily property located at 605 W College in Carbondale, Illinois, 62901. Currently configured as a 0-unit apartment building, this property offers significant potential for redevelopment or repurposing. The property is situated in Jackson County and enjoys a prime location, close to Southern Illinois University (SIU), making it highly attractive for student housing or other rental ventures. The asking price is $750,000. The property is being sold "as is," with no repairs provided by the seller. While currently without tenants, the building's size and location suggest strong potential for future rental income. Previous configurations included units with stoves and refrigerators, and tenants were responsible for utilities. The seller also owns an additional building in the area, presenting a potential for a larger portfolio acquisition. This property is an excellent opportunity for investors seeking a high-potential project in a desirable location. The property's substantial square footage allows for a variety of development options, catering to diverse investment strategies. Serious inquiries are encouraged to explore the full potential of this unique investment.